Litigation between wholly owned subsidiaries of Placer Dome (TSE) and Royal Gold (NASDAQ) over the Pipeline gold project in Nevada has been resolved. Under the settlement, all but one part of the clai…
A 6% net profits interest (NPI) royalty covering the western extension of the Goldstrike mine in Nevada has been purchased by Franco-Nevada Mining (TSE). Franco-Nevada will issue 225,000 common shares…
The 50% interest in the Big Bell gold mine in Western Australia belonging to Placer Pacific, the 75.7% owned subsidiary of Placer Dome (TSE), has been sold to Poseidon Gold of Australia for about US$8…
Vancouver-based Kalahari Resources (VSE) recently optioned 1,000 claims in the Eastern Twps. of Quebec from Peter Ferderber and Associates in exchange for 300,000 shares. The claim group, called the A…
In their anxiety to protect local currencies, governments are juggling interest rates which will, in the short term, further cramp economic recovery, particularly in Europe where companies will hedge …
In 1991 Canada’s only commercial production of graphite came from Stratmin Inc. with a mine and concentrator at Lac-des-Iles, Quebec, and a concentrator at Notre-Dame-du-Laus, also in Quebec. The year…
The feasibility of processing zinc concentrates near Nuuk, the capital of Greenland, is being investigated by Platinova Resources (TSE) and the government of Greenland. The partners are looking at bui…
A letter of agreement recently signed by Deak Resources (TSE) with Northfield Minerals (ASE) allows it the right to become operator at Northfield’s Cheminis mine near Kirkland Lake, Ont. Deak will als…
Initial results from this year’s drill program have partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) predicting an increase in reserves at the Williams Creek copper-oxide project 2…
Southern Peru Copper, a subsidiary of Asarco (NYSE), has paid a US$4-million dividend for the second quarter. Southern Peru, jointly owned by Asarco (52.3%), the Marmon Group (20.7%), Phelps Dodge Ove…
Western markets drifted lower over the week ended Sept. 22, with the Vancouver Stock Exchange composite index shedding almost 11 points to finish at 562.82 while the resource index slipped 11.9 points…
Week’s Price (US) Change Gold* $348.90 + $2.70 Silver* $ 3.84 $0.00 Platinum* $364.25 + $1.25 Nickel** $ 3.09 – $0.07 Lead** $ 0.27 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.61 – $0.01 Courtesy of Scotia…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.